Understanding Strategy
Each trade has a Budget and token pair, i.e. Invest Token and Stable Token.
Stable Token is the quote token for the user's investment.
Invest Token is the base currency that the user wants to invest in.
Budget is the total notional value specified for the trade.
Trade Configuration
A strategy consists of creating trades entering three possible configurations: buy, sell and floor.
Buy represents when to buy tokens.
Sell indicates the target price to secure profits.
Floor serves as the level to stop trading, cancel strategy or prevent loss.
Flexibility
Fyda provides users with a robust framework for creating a diverse range of trading strategies. It's intuitive platform enables the creation of advanced strategies that cater to individual preferences. Explore dynamic order execution options, fine-tune entry and exit points, and leverage different order types to optimize your trading experience.
Execution of Strategy
Fyda operates a monitoring bot that triggers transactions. The smart contract executes the token swap between the designated token pair when the market price matches the specified numerical values in the predefined strategy.
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